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the next tax increase, will hurt. because they will be on the rest of americans, they will be very unpopular, that is what republicans need to say, these are not necessary, we have to deal with entitlements and spending. david: but tax changes do not have to hurt if they go in the right direct, get rid of some of the deductions, the last tax thing, it was not a bill it was a thing, that was put together by republicans, and president, about a month ago, it has so money different little clauses and brackets there is one provision this benefits only one company. that is not what our tax bill is supposed to be. >> you know, the thing about -- has made taxes easy for all of us, we go to you know one of on-line tax things we fill out our tax form we're done, it does not seem hard to us, but look at the changes we look at what happened at beginning of this year, people get their paychecks with high are payroll tax, people realize, the effects of time coming out of college they do not have businessed to hire them, they are fe
the next tax increase, will hurt. because they will be on the rest of americans, they will be very unpopular, that is what republicans need to say, these are not necessary, we have to deal with entitlements and spending. david: but tax changes do not have to hurt if they go in the right direct, get rid of some of the deductions, the last tax thing, it was not a bill it was a thing, that was put together by republicans, and president, about a month ago, it has so money different little clauses...
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it's very very just social control you they tell you that you don't pay taxes they take taxes and then they give you your money back if you do things they like you get married you buy a house you buy a certain kind of why they got a certain money back i don't know how the government the one way that they control used by taxes people make choices do you get all this is how it is to redistribute wealth when it comes down to it especially when you have the right because firstly when you have a four hundred billion interest enough to run the government do the very limited things the constitution says do anything else is tyranny no that's if you get in some form it's not that scary about it it's tyrannical to go beyond the constitution to just do stuff that's a coherent liberal argument for tearing our but there's also another way of just being money you just give people say ten thousand dollars in cash at the begin the end say now make your own mistakes make your own adventures what we have now is a system where a whole bunch of middle class and professional people like us get to handle th
it's very very just social control you they tell you that you don't pay taxes they take taxes and then they give you your money back if you do things they like you get married you buy a house you buy a certain kind of why they got a certain money back i don't know how the government the one way that they control used by taxes people make choices do you get all this is how it is to redistribute wealth when it comes down to it especially when you have the right because firstly when you have a...
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it's very very just social control you they tell you that you don't pay taxes they take taxes and then they give you your money back if you do things they like you get married you buy a house you buy a certain kind of quite a bit of certain money back i don't know how the government the one way that they control used by taxes people make choices to get we're going to go to society is to redistribute wealth when it comes down to it especially when you have the right thing especially when you have a four hundred billion interest enough to run the government do the very limited things the constitution says it's going to do anything else is tyranny no that's if you get it in some form it's not that scary about it it's tyrannical to go beyond the constitution to just do stuff that's a coherent liberal argument for tearing our but there's also another way of distributing money he just give people say ten thousand dollars in cash at the begin the and say now make your own mistakes make your own adventures what we have now is a system where a whole bunch of middle class and professional people
it's very very just social control you they tell you that you don't pay taxes they take taxes and then they give you your money back if you do things they like you get married you buy a house you buy a certain kind of quite a bit of certain money back i don't know how the government the one way that they control used by taxes people make choices to get we're going to go to society is to redistribute wealth when it comes down to it especially when you have the right thing especially when you...
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is coming after we raise 600 billion in taxes. what does the president say? well, let's not do the spending cuts, which we are counting on to keep it down to 7 trillion. instead to raise taxes, which we already proven does not solve the problem. you have to have a pretty good sense of humor to like it that seriously. lou: and to look at you have to have a pretty good sense of humor to put this in context of the history of this president and fiscal issues. does not pose for the budget. the senate has not passed one commend the president of the united states said this back in 2011. november 41st. already, he said, some in congress are trying to undo these automatic spending cuts, much like he did today at 115 eastern time. my message to them back in 2011, no, i will be there through any effort to get rid of automatic spending cuts to domestic and defense spending said the break president at that point. your reaction? >> that was president obama circa 2011. candid obama in a debate set sequester is just not going to happen. did not explain how. president obama c
is coming after we raise 600 billion in taxes. what does the president say? well, let's not do the spending cuts, which we are counting on to keep it down to 7 trillion. instead to raise taxes, which we already proven does not solve the problem. you have to have a pretty good sense of humor to like it that seriously. lou: and to look at you have to have a pretty good sense of humor to put this in context of the history of this president and fiscal issues. does not pose for the budget. the...
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this year tax preparers must show a bill of rights that have to be totally up front about these. in march and april about one-quarter of the complaints that they get are on these pop-up tax shops. a lot of them promise that you will get you their money sooner and they don't and we cannot promise somebody you can get them a bigger refund. consider yourself warned. there are a lot of fees, hidden charges. people don't think of that. the irs has tried to regulate the shops but they are keeping them from doing that the lesson here is to pay attention for more tips and information on these shops go to our web site and we will want you to the city's business affairs and consumer protection agency. it's really unbelievable that that is happening. there are lawsuits right now they sued him for $800,000 in losses we are still waiting to see what happens with that. illinois and the justice department and 14 other states are suing the credit agency. critics say the other credit rating agencies gave high ratings to the sub prime loans they lost value and contributed to the financial crash wo
this year tax preparers must show a bill of rights that have to be totally up front about these. in march and april about one-quarter of the complaints that they get are on these pop-up tax shops. a lot of them promise that you will get you their money sooner and they don't and we cannot promise somebody you can get them a bigger refund. consider yourself warned. there are a lot of fees, hidden charges. people don't think of that. the irs has tried to regulate the shops but they are keeping...
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paying back taxes, fees, and other restrictions. they would be able to work here legally above board and then placed on a path for a green card once they declare the border secure. we don't have details but that is the general plan going forward. but the most important part is they cannot be deported unless they crit a real crime. -- commit a real crime. the immigrants brought here by children will not be punished with penalties with older immigrants that broke immigration laws. they will get in the back of the line to receive green cards. unauthorize workers unauthorized workers in agriculture will be put on a fast-track system, because a majority of agricultural workers are on authorized immigrants. in some states, as high as it 7%, depending on estimates. this is addressed by the blueprint. that is a solid framework. it offers legalization for peaceful people that will penalize them for breaking balls. -- -- for breaking the laws. american universities in the stem fields, science, technology, engineering, and mathematics, would b
paying back taxes, fees, and other restrictions. they would be able to work here legally above board and then placed on a path for a green card once they declare the border secure. we don't have details but that is the general plan going forward. but the most important part is they cannot be deported unless they crit a real crime. -- commit a real crime. the immigrants brought here by children will not be punished with penalties with older immigrants that broke immigration laws. they will get...
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Feb 1, 2013
02/13
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profit and after-tax profit. >> panasonic's net came to $670 million. group sales fell 8% from a year earlier. the company managed to cut costs by slashing jobs. a decline in the price of rare earths and other raw materials was also a help. the firm has kept its forecast for this fiscal year. it expects to lose more than $8 billion. panasonic officials says the business environment could change though the yen's decline would push up sales. competition in the digital product market has been intensifying. >>> sharp said it posted its first profit in five quarters in the final three months of last year. sharp executives say operating profit in the october to december period totalled about $28 million. that came largely from higher than targeted sales of smartphones and crystal television sets. the company set up a goal to start posting profits in the second half of this fiscal year that ended in march this is a condition for the firm to continue to receive support from its main banks. the managing director says the company will make speedy efforts to refor
profit and after-tax profit. >> panasonic's net came to $670 million. group sales fell 8% from a year earlier. the company managed to cut costs by slashing jobs. a decline in the price of rare earths and other raw materials was also a help. the firm has kept its forecast for this fiscal year. it expects to lose more than $8 billion. panasonic officials says the business environment could change though the yen's decline would push up sales. competition in the digital product market has...
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Feb 2, 2013
02/13
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profit and after-tax profit. >> panasonic's net came to $670 million. group sales fell 8% from a year earlier. the company managed to cut costs by slashing jobs. a decline in the price of rare earths and other raw materials was also a help. the firm has kept its forecast for this fiscal year. it expects to lose more than $8 billion. panasonic officials says the business environment could change though the yen's decline would push up sales. competition in the digital product market has been intensifying. >>> sharp said it posted its first profit in five quarters in the final three months of last year. sharp executives say operating profit in the october to december period totalled about $28 million. that came largely from higher than targeted sales of smartphones and crystal television sets. the company set up a goal to start posting profits in the second half of this fiscal year that ended in march this is a condition for the firm to continue to receive support from its main banks. the managing director says the company will make speedy efforts to refor
profit and after-tax profit. >> panasonic's net came to $670 million. group sales fell 8% from a year earlier. the company managed to cut costs by slashing jobs. a decline in the price of rare earths and other raw materials was also a help. the firm has kept its forecast for this fiscal year. it expects to lose more than $8 billion. panasonic officials says the business environment could change though the yen's decline would push up sales. competition in the digital product market has...
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Feb 9, 2013
02/13
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when rick unger says we have an emergency, i worry about my taxes going up. if we want better roads and less traffic it is easy. bid it on these road building to private motivated entities. you will see innovation and prices for the times that you drive those roads. it's through market forces, don't hand it to the government. >> dave: rich, we had an ice rink in central park. it's a beautiful place. the city government was working on it for years and cost overruns and finally donald trump stepped in and said, hey, look, give it to me i'll do it in six months at half the cost. he did it even faster than that. doesn't steve have a point that private sector should be linda in author these things? >> steve makes a great point. i understand rick's impulse here. if you go back to the 1930s, a lot of public works projects were accomplished and did pretty well. you have things like the golden gate bridge four years. now it takes seven years to build an access road to the golden gate bridge. we have extraordinary stopping power from environmental groups, public work u
when rick unger says we have an emergency, i worry about my taxes going up. if we want better roads and less traffic it is easy. bid it on these road building to private motivated entities. you will see innovation and prices for the times that you drive those roads. it's through market forces, don't hand it to the government. >> dave: rich, we had an ice rink in central park. it's a beautiful place. the city government was working on it for years and cost overruns and finally donald trump...
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Feb 4, 2013
02/13
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FOXNEWSW
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. i'm here to pick up some cacti. it should be under stephens. the verizon share everything plan for small business. get a shareable pool of data... got enough joshua trees? ... on up to 25 devices. so you can spend less time... yea, the golden barrels... managing wireless costs and technology and more time driving your business potential. looks like we're going to need to order more agaves... ah! oh! ow! ... and more bandages. that's powerful. sharble data plus unlimited talk and text. now save $50 on a droid razr maxx hd by motorola. >> probe is taking his gun troll show on the road, this time to miami where -- too to minneapolis and is making calls for gun legislation. >> president ob
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. i'm here to pick up some cacti. it should be under stephens. the verizon share everything plan for small business. get a shareable pool of data... got enough joshua...
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they should be doing no investment what they should be doing is paying their own way with as little tax money as they can steal and then getting out of the way and let the economy bolster and i'll let you jump in here just a second neal but i want to show up with a chart here and this is about construction jobs that we've had. and if we can bring up the. instruction jobs chart here it is right here if you look in two thousand and six we had you know roughly seventy six men half a million people working i'm sorry seven a half million people working in construction jobs that's in two thousand and six a day we have about five and a half million so if we were just back to where we were in two thousand and six as far as building things that be two million more jobs people building roads bridges stuff like that we currently have a two trillion dollar infrastructure deficit that's probably going to cost us three million jobs over the next ten years isn't it just simple don't we invest in infrastructure put people back to work you know we can always use construction workers to tear down the rot
they should be doing no investment what they should be doing is paying their own way with as little tax money as they can steal and then getting out of the way and let the economy bolster and i'll let you jump in here just a second neal but i want to show up with a chart here and this is about construction jobs that we've had. and if we can bring up the. instruction jobs chart here it is right here if you look in two thousand and six we had you know roughly seventy six men half a million people...
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. all stations come over to mithis is for real this time. step seven point two one two. rify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. it's delicious. so now we've turned her toffee into a business. my goal was to take an idea and make it happen. i'm janet long and i formed my toffee company through legalzoom. never really thought i would make money doing what i love. [ robert ] we created lelzoom to help people start their business and launch their dreams. go to legalzoom.com today and make your busine
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. all stations come over to mithis is for real this time. step seven point two one two. rify and lock. command is locked. five seconds. three, two, one. standing by for...
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Feb 8, 2013
02/13
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the gas tax. give us the numbers. >> well, we do have a problem with infrastructure in america. you heard the secretary's comments and you're right. only 6% of the stimulus money was spent on infrastructure, and the rest was spent on things that didn't help much. so we have a problem and it's the gasoline tax on a state of decline because of inflation, alternative fuels and cafe standards and so forth, and we have the most congested area in america, northern virginia. so we're trying to build infrastructure. the gas tax is going to keep declining so we're suggesting let's get rid of and it replace it with a sales tax that froze with the economy. >> let's tell the viewers the numbers. the virginia gas tax is 17-1/2 cents per gallon. nationwide it's 18.4. you're saying eliminate the 17-1/2 sentences per gallon state sales tax and add .08% on sales of everything. is that right? >> that's right. what happens is we're not the lowest gas prices in the country, everybody is going to want to buy gas in vi
the gas tax. give us the numbers. >> well, we do have a problem with infrastructure in america. you heard the secretary's comments and you're right. only 6% of the stimulus money was spent on infrastructure, and the rest was spent on things that didn't help much. so we have a problem and it's the gasoline tax on a state of decline because of inflation, alternative fuels and cafe standards and so forth, and we have the most congested area in america, northern virginia. so we're trying to...
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we know what is going on there with sarkozy fleeing the country because of the higher tax rates. this sum will set you back 7500 square feet. it's going to go for about 13 million as the listing prce. of course five bedrooms and saw the screening room. the pool, hot tub, views of downtown, but if you come over here we can take a look and you can see the glasses encased masters week and, of course, you wake up every morningith a view of santa monica and the pacific ocean. gerri: that is gorgeous. have you put a bit in? >> i guess it is worth every penny if you have them. i don't know. gerri: it is pretty. amazing property. thank you for bringing it to us and we appreciate it. >> you're welcome. gerri: special coverage of the real-estate story continues throughout the show. and 20 minutes i will be joined by a famed real-estate agent. she will give us a peek inside as $16 million penthouse for sale right here in new york city. there we are. a warning to congress that another financial crisis could be around the corner if we don't get rid of too big to fail once and for all. details
we know what is going on there with sarkozy fleeing the country because of the higher tax rates. this sum will set you back 7500 square feet. it's going to go for about 13 million as the listing prce. of course five bedrooms and saw the screening room. the pool, hot tub, views of downtown, but if you come over here we can take a look and you can see the glasses encased masters week and, of course, you wake up every morningith a view of santa monica and the pacific ocean. gerri: that is...
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Feb 5, 2013
02/13
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republicans say any additional revenue from tax reform should be used to lower everyone's tax rates. the president wants to cut the deficit. he says we can't afford to use it the way republicans want. >> if we are going to close these loopholes, there's no reason we should useoo the savings we obtain and turn around and spend that on new tax breaks for the wealthiest, or for corporations. if we're serious about paying down the deficit, the savings we achieve from tax reform should be used to pay down the deficit. and potentially to make our businesses more competitive. >> president's call comes a day after his two most southeastern defense advisors warned the sequester would make the country less safe, and the president says the domestic spending cuts would slow down the economic recovery, which isn't producing jobs fast enough even now, shepard. >> shepard: what are we hearing from republican? reporter: they say the sequester was a white house idea. though the goal was to force a compromise by the so-called supercommittee. that didn't happen. now some lawmakers in both parties say t
republicans say any additional revenue from tax reform should be used to lower everyone's tax rates. the president wants to cut the deficit. he says we can't afford to use it the way republicans want. >> if we are going to close these loopholes, there's no reason we should useoo the savings we obtain and turn around and spend that on new tax breaks for the wealthiest, or for corporations. if we're serious about paying down the deficit, the savings we achieve from tax reform should be used...
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do something to cut back the fire power associated with american violence or rolling back the reagan tax cuts and thus bringing back the american middle class would do a lot more. dollars turn over tonight's politics panel joining me here cameron stewart seward research director associated in government studies at the heritage foundation karl frisch democratic strategist and partner bullfight strategies and vince colony's senior online editor at the daily caller so let me start when i ask you all the reaganites on the panel if we have any here. are you happy with what thirty years of reaganomics has done to this country so well you know i want to. welcome to the program oh thank you for having me on i would say this goes this goes well beyond quote unquote reaganomics from from years in years past i actually was was a wheel when reagan was around so i don't really remember but i've read about what it was like back then and you know you mentioned the key here and the stories that you read before this segment were you know the pivotal factor is mental health but what you find is that if th
do something to cut back the fire power associated with american violence or rolling back the reagan tax cuts and thus bringing back the american middle class would do a lot more. dollars turn over tonight's politics panel joining me here cameron stewart seward research director associated in government studies at the heritage foundation karl frisch democratic strategist and partner bullfight strategies and vince colony's senior online editor at the daily caller so let me start when i ask you...
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finance money but the fact that the couple has had reports of personal use some or all of it on their taxes. at one point a couple offered to pay back but the fed said, no deal is too late. we are told that it was for jackson himself the watch was, there were other things pay for like carpets and repairs for their washington d.c. home. neither jackson could be reached for comment today but we do know that jackson and his wife have lived separate personal lives for three years. new developments tonight in the investigation into the murder of a chicago teenager the firstly prepares for her funeral tomorrow and white mayor emanuel about to sever ties with chicagos red light cameras. i'm serious, we compare our direct rates side by side to find you a great deal even if it's not with us. [ ding ] oh, that's helpful! well, our company does that, too. actually we invented that. it's like a sauna in here. helping you save even if it's not with us -- now, that's progressive! call or click today. no mas pantalones! [ male announcer ] need help keeping your digestive balance in sync? try align. it's t
finance money but the fact that the couple has had reports of personal use some or all of it on their taxes. at one point a couple offered to pay back but the fed said, no deal is too late. we are told that it was for jackson himself the watch was, there were other things pay for like carpets and repairs for their washington d.c. home. neither jackson could be reached for comment today but we do know that jackson and his wife have lived separate personal lives for three years. new developments...
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Feb 8, 2013
02/13
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KICU
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con artists steal identities in order to get tens of thousands of dollars in tax refunds. following a nationwide investigation, the irs has pinpointed 389 id theft suspects. 109 were arrested. last year, irs investigators prevented $20 billion in potential refund fraud by focusing on the high-risk cities of miami, new york, atlanta, san francisco, chicago and l.a. apple says it will consider a proposal about the future of its stock. the announcement came now that greenlight capital's hedge fund manager david einhorn is suing the tech giant. einhorn wants apple to use some of its $137 billion of cash on hand to prop up the stock price and distribute high-yielding preferred stock to shareholders. einhorn owns a million shares of apple, and his hedge fund is losing money with the stock falling from $705 in september to $392 today. hedge fund manager bill ackman has a fresh attack against herbalife. he sent a 40-page series of questions to the vitamin supplier with topics including compliance with california laws, phony retail customers, and earnings disclosure. herbalife had
con artists steal identities in order to get tens of thousands of dollars in tax refunds. following a nationwide investigation, the irs has pinpointed 389 id theft suspects. 109 were arrested. last year, irs investigators prevented $20 billion in potential refund fraud by focusing on the high-risk cities of miami, new york, atlanta, san francisco, chicago and l.a. apple says it will consider a proposal about the future of its stock. the announcement came now that greenlight capital's hedge fund...
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he says pass a law stopping the payroll taxes from going into the general fund. sometimes those guys just every pass. mark says the age for social security needs to be raised. that is the only way to solve it. finally, the lunchbox cops are targeting fried foods. cafeterias will no longer serve 100,000 workers fried chicken, concise, fried fish, and help these workers cope, the usda has hired a full-time dietitian on site. of course, we were paying for it is taxpayers. here is the best part. this whole plan is only for a few buildings. if workers want some french fries, they just have to walk a block to the energy department where the french writers are still bubbling. that is my "two cents more". that is all we have for tonight. we will see you back tomorrow. lou: good evening, everybody. the president today spending political capital by the bucket full. pushing hard for gun control. despite the fact that the murder rate in america has dropped to a 50 year low. he called for more and higher taxes, despite the fat federal spending is out of control. today, the do
he says pass a law stopping the payroll taxes from going into the general fund. sometimes those guys just every pass. mark says the age for social security needs to be raised. that is the only way to solve it. finally, the lunchbox cops are targeting fried foods. cafeterias will no longer serve 100,000 workers fried chicken, concise, fried fish, and help these workers cope, the usda has hired a full-time dietitian on site. of course, we were paying for it is taxpayers. here is the best part....
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foot apartment, 20% down, and the monthly mortgage payment is $7,000 plus $1500 in monthly property taxes, properties of all prices and places fascinate the next guest who expects the market to make a strong contribution to economic growth this year. joining us is dr. lawrence, senior vice president of research for the national association of realtors. good to have you with us. >> good evening. lou: this market looks like it's really recovering. give us a sense, as best you can, how strong it is nationwide. >> well, the strength of the recovery is much stronger than many people anticipated, and we are basically seeing the housing start up roughly 25% from one year before, and i think that for 203, it could be a bigger increase because we are encountering some housing shortage. home sales running roughly 10% higher from one year before, and the inventor level came down to a 13-year low level, and because of the low draw down in inventory, one is seeing a consistent price increases, and these price increases have added $1 trillion to household wealth who are homeowners. lou: well, adding a
foot apartment, 20% down, and the monthly mortgage payment is $7,000 plus $1500 in monthly property taxes, properties of all prices and places fascinate the next guest who expects the market to make a strong contribution to economic growth this year. joining us is dr. lawrence, senior vice president of research for the national association of realtors. good to have you with us. >> good evening. lou: this market looks like it's really recovering. give us a sense, as best you can, how...
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on jobs, the we should put a tax on innovation, put a tax on patient care. charles: also there is another aspect to this. a lot of money. it has to come from somewhere. if it comes out of research and development that means future innovation is either lost or is pushed down road. that future innovation even though it comes up in the numbers, income statements and price-to-earnings ratio and all that stuff, also has a human factor and the human impact to this thing. we are talking about people who might have -- and they won't be because these innovations have been pushed off. >> you are right. we are all about patient care. if you go broader than that we are impacting live in many ways and starting with the economy we know the president and congress agree we need to be growing our economy. we need to be growing jobs. we need to be growing our exports. this is an industry that offers all three of those things so whether we are impacting lives by hiring people in high-paying jobs or doing what we do every day and that is to provide better quality of life for pa
on jobs, the we should put a tax on innovation, put a tax on patient care. charles: also there is another aspect to this. a lot of money. it has to come from somewhere. if it comes out of research and development that means future innovation is either lost or is pushed down road. that future innovation even though it comes up in the numbers, income statements and price-to-earnings ratio and all that stuff, also has a human factor and the human impact to this thing. we are talking about people...
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Feb 8, 2013
02/13
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the mayor's idea is to raise the city's sales tax. voters would have to approve it. but -- >> it now appears from our most recent survey that a majority of the voters might support another tax increase. >> in his state of the city speech tonight, reed also said san jose will be able to hire more police officers in the next years. he says money from that will come from savings on pensions. >>> have you filled up lately? you've probably noticed that gas is getting more expensive again. but this really gave us some sticker shock. yeah, you're reading that right. chico's gas station charging $5.03 a gallon for regular. gas prices have shot up almost 40 cents in just the past month. why? switching to the more expensive summer blend of fuel. >>> tonight, there are new rules of the road. new rules for drivers and new rules for motorcycle riders. you've probably seen this. motorcyclists weaving in between cars. they can do that in california. but now there are written do's and don'ts for lane splitting. >> reporter: when should a motorcycle do this? >> only when it's safe. >
the mayor's idea is to raise the city's sales tax. voters would have to approve it. but -- >> it now appears from our most recent survey that a majority of the voters might support another tax increase. >> in his state of the city speech tonight, reed also said san jose will be able to hire more police officers in the next years. he says money from that will come from savings on pensions. >>> have you filled up lately? you've probably noticed that gas is getting more...
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in ten short years either taxes will have to go way up or the promise of social security and health care will have to come way down. you are a baby boomer or your parents are boomers. i hope you're not really counting on these programs to take care of you in your old age . melissa: that definitely was not end them not. be sure to watch the tom sullivan show this weekend. you can catch it on seven and 10:00 p.m. on saturday and sunday, 7:00 a.m. and 7:00 p.m. eastern time on sunday. happy friday. thank you for coming on. watch out for this note. happy birthday. you will see you back here monday. ♪ gerri: hello, everybody. i'm gerri willis. tonight on "the willis report". the housing market and recovery. tonight the real realist a story. despite hundreds of regulations put into place by this administration to big to fail is still a real risk. we will tell you what it means for you and your money. and one of the biggest names in fashion. supermodel here to kick off our series of special reports. "the willis report" is on the case. ♪ gerri: all of that and more coming up, but first, our
in ten short years either taxes will have to go way up or the promise of social security and health care will have to come way down. you are a baby boomer or your parents are boomers. i hope you're not really counting on these programs to take care of you in your old age . melissa: that definitely was not end them not. be sure to watch the tom sullivan show this weekend. you can catch it on seven and 10:00 p.m. on saturday and sunday, 7:00 a.m. and 7:00 p.m. eastern time on sunday. happy...
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but pulled up by higher than average corporate tax rate and property tax rate. finally perry talked about a fair legal system, fairer than california's maybe but in the u.s. chamber of commerce. california was actually worse, close to dead last at 47. >> lawyers make decisions, based on a number of factors including a state's lawsuit climate that has become increasingly important. by comparison a measurably more favorably lawsuit than california. >> california home prices, much higher than they are in texas. the average single family home sold for more than $366,000, compare that to around $160,000 in texas. the golden state's tax climate is ranked 48th in the country. the tax foundation study you mentioned again is compared to ninth in texas and our unemployment rate which has certainly improved is still a far cry from texas' race of 6.1%. if you're an employer, you're looking at the basic fundamentals for growth, taxes, unemployment, clearly beats out california. while rubbing our nose in it, governor perry has also lied about his own state's performance. that
but pulled up by higher than average corporate tax rate and property tax rate. finally perry talked about a fair legal system, fairer than california's maybe but in the u.s. chamber of commerce. california was actually worse, close to dead last at 47. >> lawyers make decisions, based on a number of factors including a state's lawsuit climate that has become increasingly important. by comparison a measurably more favorably lawsuit than california. >> california home prices, much...
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get 66% of all tax breaks. we're talking about inequality here. we're not talking about class warfare, us against them. we're talking about fairness, angela? >> i think that's exactly right. you have a president who's now demonstrating an on going commitment to not only economic fairness, but making sure that the playing field is level across the board. we have a lot of work to do in this country with policymaking to both private sector and public protection sector of jobs. >> reverend, let me make a comment about that. and it's a football analogy. so it's in season. >>> look, we've already got enough inequality coming out of the basic economy just from the market outcomes. but then when the tax system comes in and exacerbates those ine qualities, makes them worse, it sounds like unnecessary roughness. it's taking a situation that's already too unequal by historical turns and it's doubling down on it. >> but angela, when you go back to the congress, where you worked for some times, i can't say years, you're not
get 66% of all tax breaks. we're talking about inequality here. we're not talking about class warfare, us against them. we're talking about fairness, angela? >> i think that's exactly right. you have a president who's now demonstrating an on going commitment to not only economic fairness, but making sure that the playing field is level across the board. we have a lot of work to do in this country with policymaking to both private sector and public protection sector of jobs. >>...
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private equity managers to take what is really just earned income, a commission, and get capital gains taxes on it, carry interest -- why don't we honor primary-care physicians in america as we honor private equity managers, and give them the same rate, if they go to rural areas? the precedent exists. congress says, carried interest -- we want to encourage capital formation. that is capital. physicians are human capital, and we want to encourage them. thank you. >> thank you very much. last but very much not least is dr. claudia fagan, the chief medical officer for the hospital of cook county, chicago. she was previously the associate chief medical officer for the is ambulatory community health network, and interim chief medical officer of the bureau of health services. she received her undergraduate degree from fisk university, and her medical degree from the university of illinois college of medicine. thanks so much for being with us. >> thank you, senator sanders and other distinguished senators, for affording me this opportunity to address inadequate access to primary care in the united
private equity managers to take what is really just earned income, a commission, and get capital gains taxes on it, carry interest -- why don't we honor primary-care physicians in america as we honor private equity managers, and give them the same rate, if they go to rural areas? the precedent exists. congress says, carried interest -- we want to encourage capital formation. that is capital. physicians are human capital, and we want to encourage them. thank you. >> thank you very much....
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. >>> as tax season starts, a federal judge repealed to enforce new regulation on tax preparers. the irs wanted to have tax preparers pass a competency plan. the irs wanted the regulations to take effect while they appealed the decision, but the judge denied that request. the irs says the rules are needed to address an increase of what it calls poorly filed returns. >>> and the earlier you file, by the way, the better. tax services say if you wait to file your taxes, there's a chance you could become a victim of identity theft. if that happens, it could mean big problems for you come refund time. >> they'll get ahold of their social security numbers. they can get ahold of their social security numbers for their dependents, their children they claim on their tax return. that can cause massive delays in them getting the refund. >> tax companies say fraud stst are already working to steal identities. >>> some drivers in virginia are complaining about the price of driving on the new 495 expressway. many say the toll goes up even when there aren't any traffic issues in those lanes. tr
. >>> as tax season starts, a federal judge repealed to enforce new regulation on tax preparers. the irs wanted to have tax preparers pass a competency plan. the irs wanted the regulations to take effect while they appealed the decision, but the judge denied that request. the irs says the rules are needed to address an increase of what it calls poorly filed returns. >>> and the earlier you file, by the way, the better. tax services say if you wait to file your taxes, there's a...
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and everybody's taxes already went up as of january 1, taxes may go up some more. from taxes to the market. the dow above 14,000 for the first time since 2007 friday afternoon. let's bring in nicole. it is not like it was going to hold at 14,000, now futures are down, how much are they down? nicole: you can see the down arrows, 69 points pulling back awfully 14,000 mark. traders are not surprised. we have run up so much so far so fast. coupled with great political uncertainty in europe, something there and having to watch. it is not surprising to see a little bit of a pullback and a very strong dollar. stuart: thank you very much, back in a second. the ravens return to baltimore this morning beating the 49er 49ers. super bowl xlvii, that was it. jones set a record at returning a kickoff 108 yards, and listen to this, alicia keys set another record last night for the longest national anthem in super bowl history. all this and at a rally causing the lights go out in the super bowl. giving bud light extra free ad time and gave themselves extra promos for their shows.
and everybody's taxes already went up as of january 1, taxes may go up some more. from taxes to the market. the dow above 14,000 for the first time since 2007 friday afternoon. let's bring in nicole. it is not like it was going to hold at 14,000, now futures are down, how much are they down? nicole: you can see the down arrows, 69 points pulling back awfully 14,000 mark. traders are not surprised. we have run up so much so far so fast. coupled with great political uncertainty in europe,...
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but now millionaires are staring head on at a federal state income tax of 51.9%. and you guessed it, it is the highest in the nation. one saving grace for the moment, californians can deduct state tax from federal returns. >>> up next, your "early today" sports highlights. plus, meet a nasty nanny whose pension for slapping this kid just got her slapped by the law. >>> and now to some other stories that caught our eyes this morning. in new york, disturbing video shows a nanny slapping a 9-month-old for not eating. when the mother saw what was going on, she rushed home .fired the caretaker who has been charged with endangering the well fare of a child and resisting arrest. >>> in texas, 22-year-old grad student and chicken farmer has grown so close to his flock over the years, he's known around as chicken boy. he's handled the chickens for so long, he's even picked up the language. >> it's like i just laid an egg in this box, come lay your egg. and it's -- >> the chicken boy plans to go and continue his education so he can some day become doctor chicken and that's
but now millionaires are staring head on at a federal state income tax of 51.9%. and you guessed it, it is the highest in the nation. one saving grace for the moment, californians can deduct state tax from federal returns. >>> up next, your "early today" sports highlights. plus, meet a nasty nanny whose pension for slapping this kid just got her slapped by the law. >>> and now to some other stories that caught our eyes this morning. in new york, disturbing video...
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he's planning to tell people that texas is a better place for business because there's no income tax and more lenient labor and environmental laws. california governor jerry brown kind of scoffed at this one, actually made jokes about it earlier this week. texas launched a radio ad campaign aimed at bringing in new business. >>> economic data has economists a bit confused this morning. scott mcgrew says someone forgot to carry the one. >> yes, good morning. new numbers in to the newsroom this morning. america's trade deficit with china felt by quite a bit suggesting strong american manufacturing and exports. now it's good news, but it doesn't gibe with the latest gdp numbers we have showing that the american economy has contracted. so economists are going to have to go back and figure this one out. those discouraging gdp numbers could very well be wrong. >>> a decent day on the markets. it's been a peculiar week this week, a lot of up and a lot of down. linkdn doing well after blowout yesterday. >>> and the power company that provided electricity to the louisiana superdome said it fi
he's planning to tell people that texas is a better place for business because there's no income tax and more lenient labor and environmental laws. california governor jerry brown kind of scoffed at this one, actually made jokes about it earlier this week. texas launched a radio ad campaign aimed at bringing in new business. >>> economic data has economists a bit confused this morning. scott mcgrew says someone forgot to carry the one. >> yes, good morning. new numbers in to the...
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the vast majority of these immigrants are paying taxes. so if -- if the back tax provision shouldn't impact the vast majority of them. it details how much of a penalty there is going to be even if there is going to be one, beyond the back taxes, but i don't think it's unreasonable to request that. because they did sort of break the law. and so nobody out -- immigration reformers aren't going to get hung up over that. because if this is a way for us to improve their lives then that is a small price to pay. >> john: markos moulitsas of day dailycros. thank you so much. >> thank you. >> john: we'll be right back after the break. ♪ question whether i'm right, but i think that the audience gets that this guy, to the best of his ability, is trying to look out for us. what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university we're teaming up with companies like cisco to help make sure everyone is ready with the know-how
the vast majority of these immigrants are paying taxes. so if -- if the back tax provision shouldn't impact the vast majority of them. it details how much of a penalty there is going to be even if there is going to be one, beyond the back taxes, but i don't think it's unreasonable to request that. because they did sort of break the law. and so nobody out -- immigration reformers aren't going to get hung up over that. because if this is a way for us to improve their lives then that is a small...
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sluggish challenged by a steep decline in defense spending and the impact of higher social security taxes. susan mcginnis is in washington this morning. susan, good morning. >> anne-marie, good morning. we have an economy still struggling despite positive signs like higher consumer spending and business. we expect sluggish growth in today's report. of course, any surprises there could jolt the market. wall street is eagerly awaiting the government's january jobs report. analysts predict the company added jobs last month but not enough to budge the unemployment rate from its current 7.8%. >> it's been a slow process. >> latoya patrick is one of america's estimate 12 million unemployed workers. she's been looking for a job since the fall after graduating with a master's degree. >> i'm not going to lie. it's been tough sometimes. when you're home, you feel like i spent all this time going to school and it's like nobody's giving you a chance. >> economists say until more people like latoya find jobs the economy will continue to suffer. it shrank for the first time in three years. one day afte
sluggish challenged by a steep decline in defense spending and the impact of higher social security taxes. susan mcginnis is in washington this morning. susan, good morning. >> anne-marie, good morning. we have an economy still struggling despite positive signs like higher consumer spending and business. we expect sluggish growth in today's report. of course, any surprises there could jolt the market. wall street is eagerly awaiting the government's january jobs report. analysts predict...
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he's raised taxes. we will see what the result is, but, again, we have empirical evidence all over the place that it ends in disaster. charles: what's interesting is the golden age of california was revitalized with the tax revolt. you know, 79-80, and that brought back prosperity to them, and back full circle, again, doing these -- prop 30 is crazy. by the way, people think, oh, california, just taxing the rich. if you make more than $48,000, you pay 9%. that's crazy. that's e enormous. >> out of control. illinois has big, big problems. couldn't float debt this week because they were downgraded. if you want to see the future of this country? look at california, look at illinois. we are walking down that path. charles: gerri, you studied this stuff. false assumptions they make, when the money doesn't come in, what's the next move? >> here's what i think. places like california and illinois turn to the federal government and say, hey, taxpayer, hey american taxpayer, pony up because we can't pay our bill
he's raised taxes. we will see what the result is, but, again, we have empirical evidence all over the place that it ends in disaster. charles: what's interesting is the golden age of california was revitalized with the tax revolt. you know, 79-80, and that brought back prosperity to them, and back full circle, again, doing these -- prop 30 is crazy. by the way, people think, oh, california, just taxing the rich. if you make more than $48,000, you pay 9%. that's crazy. that's e enormous....
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the marriage equality bill currently being considered by the senate and a proposed 25- cent sneaker tax to fund job programs for high school dropouts. let's listen in to the governor's address right now. the largest public works investment. between that and our tollway initiative we have been investing $43 billion to build and strengthen our infrastructure. this is supporting more than half a million jobs across illinois. construction workers who is with us today have been busy working. they are ready to rebuild. they are building a bridge across the mississippi river. they have already completed. we have much more to do. the members of the general assembly lets an act house bill. keep those construction jobs going. that is our illinois. four years ago many thought high-speed rail was a pipe dream. now we're making it a reality in illinois. paving the way for more economic growth. four years ago we had a leaky pipes and broken water mains. some of the pipes still in use in chicago or laid when ulysses s. grant was president of country. one year ago right here in this chamber i made the
the marriage equality bill currently being considered by the senate and a proposed 25- cent sneaker tax to fund job programs for high school dropouts. let's listen in to the governor's address right now. the largest public works investment. between that and our tollway initiative we have been investing $43 billion to build and strengthen our infrastructure. this is supporting more than half a million jobs across illinois. construction workers who is with us today have been busy working. they...
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way to reduce the deficit, but americans do not support sacrificing any real spending cuts for more tax hikes. the white house believes house republicans, who have warmed up to the idea of letting the sequester take effect, may get a wake-up call as they continue to see those -- the economy contract, that the fourth quarter numbers will be a wake-up call. the president pointed out yesterday that those cuts in defense spending caused the economy to shrink at the end of 2012. >> we've been reminded that while it's critical for us to cut wasteful spending we can't just cut our way to prosperity. deep, indiscriminate cuts to things like education and training, energy and national security will cost us jobs. >> new numbers from the congressional budget office may provide some ammunition. the cbo projects the economy will grow at a measly rate of 1.4% this year and 3.4% next year. the cbo forecast is correct, 2014 will be the sixth consecutive year with unemployment above 7.5%, but expect to hear from republicans about another big number in that report, and although the federal deficit will d
way to reduce the deficit, but americans do not support sacrificing any real spending cuts for more tax hikes. the white house believes house republicans, who have warmed up to the idea of letting the sequester take effect, may get a wake-up call as they continue to see those -- the economy contract, that the fourth quarter numbers will be a wake-up call. the president pointed out yesterday that those cuts in defense spending caused the economy to shrink at the end of 2012. >> we've been...
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are saving the city $100 million a year to raise more money, reid is considering raising the sales tax by a quarter to a half percent. >>> christening the new bay bridge in style. the pricey plan for the public celebration and the debate over how to pay for it. >>> a heart stopper for drivers and adrenaline rush for riders. the new rules for motorcyclists and drivers. >> and a real microclimate for real estate. the small bay area neighborhoods seeing an explosion in sales prices. ,,,, [ woman ] my boyfriend and i were going on vacation, so i used my citi thankyou card to pick up some accessories. a new belt. some nylons. and what girl wouldn't need new shoes? and with all the points i've been earning, i was able to get us a flight to our favorite climbing spot, even on a holiday weekend. ♪ things are definitely... looking up. [ male announcer ] with no blackout dates, you can use your citi thankyou points to travel whenever you want. visit citi.com/thankyoucards to apply. new bay bridge. we're now 207 days >>> tonight the clock continues to tick down to the opening of the new bay bri
are saving the city $100 million a year to raise more money, reid is considering raising the sales tax by a quarter to a half percent. >>> christening the new bay bridge in style. the pricey plan for the public celebration and the debate over how to pay for it. >>> a heart stopper for drivers and adrenaline rush for riders. the new rules for motorcyclists and drivers. >> and a real microclimate for real estate. the small bay area neighborhoods seeing an explosion in...
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, higher taxes lead to greater economic distortions. again suppressing gdp. and again those facts are not in the basic cbo projection but our fiscal future is much scarier than he usually cbo shows. as government spending grows in coming decades, gdp will be suppressed more and more. it will sort of be like a fiscl death spiral in coming decades unless we make major reform. so those are the big picture problems of federal spending, and these are often discussed by budget wonks and others in washington. however, all federal spending is spending on particular programs. spending is not just bad because it leads to these overall macro economic problems. spending a many hundreds of particular federal program caused damage to society and harm individual freedom and grid all kinds of other problems. so the issue with federal spending on the federal budget is not just the question of whether $3.6 trillion is too much to spend this year. but the problem is whether spending on the hundreds of particular federal programs causes damage to society a
, higher taxes lead to greater economic distortions. again suppressing gdp. and again those facts are not in the basic cbo projection but our fiscal future is much scarier than he usually cbo shows. as government spending grows in coming decades, gdp will be suppressed more and more. it will sort of be like a fiscl death spiral in coming decades unless we make major reform. so those are the big picture problems of federal spending, and these are often discussed by budget wonks and others in...